Energy Efficiency In G20 Countries Increased By Four Percent: IEA Report

A latest report of the International Energy Agency (IEA) on energy efficiency emphasized that a doubling of efficiency progress has the potential to reduce energy bills by one-third. It said that it has the potential to reduce carbon dioxide (CO2) emissions by 50% in 2030. The report underscores the pivotal role the G20 countries can […]

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Asia Likely To Have 55% Share Of Global Renewable Energy Jobs: IRENA

IRENA (International Renewable Energy Agency) recently released its world energy transition outlook report. Their report mentioned that Asia is expected to account for a 55% share of global renewable energy jobs, followed by Europe (14%), US (13%) and Sub-Saharan Africa (9%) till 2050 under 1.5-degree scenario. It adds that, the jobs are unevenly distributed as, […]

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Tata Power Gets DFC Backed USD 425 million For Cell and Module Plant in Tamil Nadu

The U.S. International Development Finance Corporation’s (DFC) Board of Directors has approved the provision of up to USD 425 million in financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli district in Tamil Nadu, India. DFC […]

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Govt Launches Resource Efficiency Circular Economy Industry Coalition

A Resource Efficiency Circular Economy Industry Coalition (RECEIC) was recently launched on the sidelines of the 4th G20 Environment and Climate Sustainability Working Group (ECSWG). At a meeting held in Chennai on July 27, Union Minister Bhupender Yadav stated that the RECEIC would act as an overarching platform. It would enable industries to address information, […]

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Amending Bidding Rules To Expedite RE Capacity Additions: RK Singh

Union Minister for New and Renewable Energy RK Singh said that the MNRE ministry amended the rules relating to bidding for renewable projects. He also said that some other provisions of the bidding documents are being overhauled to give an impetus to adding more renewables to India’s energy mix. His statement came to the fore […]

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Four G20 Countries Have Higher GHC Emissions: Report 

The NITI Aayog recently released a report on decarbonizing transport among the G20 countries. The report attributed the rise of transportation emissions to the surge in motorization across these countries.  The report also claimed that four G20 countries have the higher GreenHouse Gases (GHG) emissions per KwH. Describing growth in grid emission among the G20 […]

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Pankaj Agrawal is the New Power Secretary of India

Pankaj Agrawal has been appointed Power Secretary effective July 1, 2023. He will replace Alok Kumar, who will embrace retirement. Agrawal is an IAS Officer from the 1992 batch from the Madhya Pradesh cadre.  The announcement came in late in the night amid the G20 leadership of India. Agrawal was the Additional Secretary and Director […]

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MNRE To Hold Talks On Financing New Technologies At G20 WG Meet Today 

The Ministry of New and Renewable Energy (MNRE) will conduct a brainstorming session on low-cost finance for new and emerging technologies in Mumbai today. The event will be organized on the sidelines of the third Energy Transition Working Group (ETWG) meeting at the Jio World Convention in Mumbai.  The event will likely discuss ways to […]

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